Foreclosure Homes in Spokane Valley, WA 99206

Current Market Conditions in Spokane Valley, WA

The real estate market in Spokane Valley has shown robust growth over the past year, with home prices steadily increasing due to high demand and limited inventory. The community's appeal for families and outdoor enthusiasts has contributed to this trend, as has its proximity to Spokane’s amenities.

As of now, Spokane Valley is experiencing a competitive market with many homes receiving multiple offers. This has led to homes selling approximately 10% over the asking price on average. New construction has been on the rise, catering to the growing population and providing modern housing options.

Rent Prices In Spokane Valley, WA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Spokane Valley, WA, is on a rollercoaster ride. The average rent price in Spokane Valley, WA, is $1,388.00. Indeed, when looking to rent in Spokane Valley, WA, you can expect to pay as little as $580.00 or as much as $3,320.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Spokane Valley, WA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.